What cryptocurrencies exist today

Depending on the features and characteristics of altcoins, they can be divided into many different groups. But there are three trends that have strong differences in the most basic concept:

Innovative technologies;

stable assets;

anonymous coins.

Unique technologies

Such coins possess technologies that bitcoin does not have.

A vivid example is the Ethereum (ETH) project, which has its own blockchain with broader functions. It provides the ability to create tokens (new crypto-assets based on the Ethereum blockchain) and also allows the use of smart contracts.

One of the most innovative projects, Polkadot, has even wider functionality compared to Ethereum. Based on its protocol, it is possible to create an entire ecosystem with its own blockchain, tokens and applications.

Another example is IOTA. What makes it special is its directed acyclic graph (DAG) technology, which provides high speed and level of protection during the transfer of payments and data.

Stablecoins

These are stable crypto coins. They are actively used by traders to hedge risks. Such assets are called “digital safe havens” because they protect capital from strong price changes. For example, bitcoin still has the problem of high volatility.

Examples of steyblocks include Binance USD (BUSD), Dai (DAI), Gemini Dollar (GUSD), Tether (USDT), TrueUSD (TUSD).

Anonymous

These are confidential altcoins that are well suited for users

What cryptocurrencies exist today

Depending on the features and characteristics of altcoins, they can be divided into many different groups. But there are three trends that have strong differences in the most basic concept:

Innovative technologies;

stable assets;

anonymous coins.

Unique technologies

Such coins possess technologies that bitcoin does not have.

A vivid example is the Ethereum (ETH) project, which has its own blockchain with broader functions. It provides the ability to create tokens (new crypto-assets based on the Ethereum blockchain) and also allows the use of smart contracts.

One of the most innovative projects, Polkadot, has even wider functionality compared to Ethereum. Based on its protocol, it is possible to create an entire ecosystem with its own blockchain, tokens and applications.

Another example is IOTA. What makes it special is its directed acyclic graph (DAG) technology, which provides high speed and level of protection during the transfer of payments and data.

Stablecoins

These are stable crypto coins. They are actively used by traders to hedge risks. Such assets are called “digital safe havens” because they protect capital from strong price changes. For example, bitcoin still has the problem of high volatility.

Examples of steyblocks include Binance USD (BUSD), Dai (DAI), Gemini Dollar (GUSD), Tether (USDT), TrueUSD (TUSD).

Anonymous

These are confidential altcoins that are well suited for users